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Showing 411 - 420 of 3536 results for "CORE"

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... a decades-high rate of 5.50% since May 2023. The central bank pointed to inflation converging to its target range as the core reason of the cut. RBNZ aims to contain inflation between a target range of 1% to 3% with the most recent CPI data showing inflation ...

New mandate boosts JANA's wealth division

MATTHEW WAI  |  WEDNESDAY, 14 AUG 2024
... under the arrangement. Investor Wealth's director John Cesario referred to JANA's position in the industry as the core factor in selecting the business for the mandate. "This collaboration is a significant step forward in our mission to deliver ...

How many advisers will Australia have in 2044?

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... sector in Australia was riding high in 2019 with 26,500 registered financial advisers." Despite the shrinking adviser numbers, core markets in retail superannuation and platforms appear to be growing. "Disintermediation and divestment by wealth managers ...

Netwealth FUA nears $90bn

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... Netwealth's managed accounts business saw assets rise sharply by 29.4% to $17.6 billion, while the relaunched Accelerator Core product recorded net inflows of $476 million. The performance led to $249.5 million in revenue generated by the platform ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... representation - both employer and union - itself, but whether 'equal' representation - all directors hailing from the core industry - is still relevant, especially given the recent consolidation of funds and the merger of membership from multiple ...

Dimensional to launch three more ETFs

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... and managed funds investors. Last year, DFA made its debut in the index fund landscape, launching three actively managed core equity strategies. They were the Dimensional Australian Core Equity Trust (Managed Fund), Dimensional Global Core Equity Trust ...

ASIC intends to extend legislative instruments

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
... 2021/716 modifies the Corporations Act to exclude certain forms of non-compliance from being deemed "significant" breaches of core obligations of the act, while ASIC Instrument 2021/801 aims to enforce credit licensees to report significant breaches ...

Chief financial officer roles 'widely ambiguous': Research

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
... envisioned their role as a leader and trusted adviser to the chief executive and the broader organisation, and believed the core focus of the role is the dual balancing of controller-type tasks, for example, monthly financial reporting, cost management ...

BNP Paribas in talks to buy AXA Investment Managers

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2024
... AXA said divesting the asset management business is in line with its simplification strategy, as it looks to focus on its core insurance activities. In addition to the $8.5 billion (€5.1 billion) price tag, AXA will also receive $500 million (€300 ...

QIC replaces real estate managing director

KARREN VERGARA  |  MONDAY, 29 JUL 2024
... continued evolution and growth in alignment with investor objectives. "QIC manages a significant portfolio of real estate with core and core plus exposures to retail, office and industrial, and Deborah will continue to drive value for our investors across ...